Property profile

0 Grandstaff Dr Auburn, IN 46706

OFF-MARKET
Land
0.45 ac lot
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Property summary

AI-generated overview

This exceptional 0.45-acre commercial lot, located at S Grandstaff Dr in Auburn, Indiana (APN: 17-06-31-401-016.000-025), presents a unique investment opportunity. Priced at $99,999, this C2 zoned lot is situated within the Auburn Professional Village, a thriving community boasting established tenants such as the Auburn BMV and Fort Financial Credit Union, among other medical and financial professionals. All utilities are conveniently connected, making this site immediately ready for development. The property's strategic location offers easy access to I-69 and downtown Auburn, ensuring high visibility and convenient access for future occupants. Parking is shared with the homeowner's association. The homeowner's association restricts use to office and medical facilities, ensuring a cohesive and professional environment. This lot is ideal for developers seeking to build new office or medical spaces in a high-demand area. The 0.45-acre size provides ample space for a variety of development plans. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area of DeKalb County, Indiana, zip code 46706.

Property profile

Verified
Property type Land
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Grandstaff Dr Auburn, IN 46706
Auburn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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